credit rating model
Scope
Date
~
-
League table
Credit Suisse lead-manages Doosan Group’s restructuring deals
Credit Suisse handled three restructuring deals worth a combined 1.2 trillion won ($1 billion) for South Korea’s Doosan Group and 1.5 trillion w...
Oct 05, 2020 (Gmt+09:00)
-
Korean regulator mulls flat-rate underwriting fees to cool IPO hype
South Korean financial regulators are considering introducing flat-rate underwriting fees for initial public offerings, in a move seen aimed at coolin...
Sep 25, 2020 (Gmt+09:00)
-
IPO
BTS' Big Hit focuses on sustainable fandom-based business model
Big Hit Entertainment Co., behind the K-pop idols BTS, is switching its focus to online concerts, merchandise and character businesses from offline pe...
Sep 22, 2020 (Gmt+09:00)
-
Infrastructure
KOTAM to raise $800 million for global infrastructure credit investment
Korea Transportation Asset Management (KOTAM) is set to raise $800 million in a global infrastructure credit fund, which US-based I Squared Capital (I...
Sep 10, 2020 (Gmt+09:00)
-
Central bank
Bank of Korea sees 2020 GDP contract 1.3%; keeps base rate on hold
The Bank of Korea revised down its 2020 growth forecast for the South Korean economy to a negative 1.3% from the previous 0.2% contraction on August 2...
Aug 27, 2020 (Gmt+09:00)
-
dollar bond
KT issues $400 mn dollar-denominated bond with record-low 1% interest rate
South Korea’s telecom giant KT Corp. has set a record-low interest rate among privately-held Korean companies with the issue of a dollar-denomin...
Aug 25, 2020 (Gmt+09:00)
-
M&A
CJ Logistics seeks to sell construction business; Credit Suisse named as advisor
CJ Logistics Corp. is seeking to sell its profit-making construction business as part of its parent group’s restructuring scheme.The logistics s...
Aug 20, 2020 (Gmt+09:00)
-
KOSPI
Credit Suisse raises KOSPI target to 2,600 amid positive outlook for market recovery
Swiss-based investment bank Credit Suisse has raised its KOSPI target to 2,600 from 2,300 on August 19 on the back of the weakened US dollar and impro...
Aug 20, 2020 (Gmt+09:00)
-
Markets
South Korea’s inflation rate turns higher for first time in 3 months in July
South Korea's headline inflation edged up for the first time in three months in July amid signs of a recovery in consumer sentiment, but still remaine...
Aug 04, 2020 (Gmt+09:00)
-
Markets
Bank of Korea keeps policy rate unchanged; no signal of further action
The Bank of Korea (BOK) left the benchmark rate unchanged at a record low of 0.5% as expected on July 16, citing the slowing economy and the overheate...
Jul 16, 2020 (Gmt+09:00)
-
Market Watch
Korean household credit risk nears record-high
Korea's household credit risk hit the second-highest record for the upcoming third quarter, driven by impacts of the global pandemic wh...
Jul 16, 2020 (Gmt+09:00)
-
Carlyle Group
Carlyle raises $600 mn for infra credit fund with top Korean banking groups
The Carlyle Group has raised $600 million for an infrastructure credit fund in South Korea jointly with two domestic financial services firms to lend ...
Jul 13, 2020 (Gmt+09:00)
-
Mergers & Acquisitions
[Dealmaker] Credit Suisse leads Korea's M&A advisory market
Credit Suisse arranged five buyout deals worth 5.2 trillion won ($4.4 billion) for SK Group’s units in 2019, which represented half of its M&...
Jan 31, 2020 (Gmt+09:00)
-
Korean rating agency warns of fast alternative asset growth, resale risk
The pace of growth in overseas alternative investments by South Korean securities companies has been “too rapid” over the past 18 months and brought t...
Sep 28, 2019 (Gmt+09:00)
-
Carlyle’s new credit fund draws $200 mn from Korea
Ten South Korean institutional investors have committed about $200 million to the Carlyle Group’s first credit opportunities fund which recently raise...
Jul 19, 2019 (Gmt+09:00)
-
TIAA, Korean Teachers’ Credit to form 3rd JV with $510 mn capital
The Teachers Insurance and Annuity Association of America (TIAA) and the Korean Teachers’ Credit Union (KTCU) have reached a preliminary agreement to ...
Jul 10, 2019 (Gmt+09:00)
-
Credit Suisse-led fund buys Korean logistics centers for $104 mn
A fund led by Credit Suisse Asset Management’s real estate investment arm has acquired two logistics centers in South Korea for 120 billion won ($104 ...
Jul 01, 2019 (Gmt+09:00)
-
Korean LPs to lend $672 mn to Goldman Sachs’ credit fund
Mirae Asset Daewoo Co. Ltd. and seven institutional investors in South Korea will provide a senior loan of 600 million euros ($672 million) to Goldman...
May 07, 2019 (Gmt+09:00)
-
[Interview] Carlyle sees niche in opportunistic credit for mid-teen returns
Opportunistic credit is becoming a growing form of credit strategy, offering steady mid-teen returns with a low principal loss risk, compared with s...
Feb 27, 2019 (Gmt+09:00)
-
Korean firms in talks to buy Credit Suisse’s Canary Wharf office
A consortium of South Korean financial institutions has been in exclusive talks to buy the Canary Wharf headquarters of Credit Suisse Group in a deal ...
Nov 30, 2018 (Gmt+09:00)
-
[Interview] Carlyle sees huge potential in private credit: Co-CEO
The Carlyle Group, one of the world’s biggest private equity firms, puts the expansion of credit business as a top priority as the private debt market...
Sep 07, 2018 (Gmt+09:00)
-
KB Asset to extend $30 mn credit on Peru power transmission line
KB Asset Management Co. Ltd. has participated in a $170 million refinancing package of a power transmission line in Peru by providing a $30 million se...
Aug 16, 2018 (Gmt+09:00)
-
Meritz extends $325 mn credit to fund $2.25 bn Australia coal mine deal
Meritz Financial Group, a non-banking financial services firm in South Korea, has offered a $325 million subordinated loan to finance the $2.25 bill...
Aug 03, 2018 (Gmt+09:00)
-
EQT to raise $70 mn from two Korean funds for $2.3 bn credit fund: report
Swedish private equity firm EQT Partners is gathering €60 million ($70 million) from two South Korean retirement funds and seeking to raise an additio...
Aug 02, 2018 (Gmt+09:00)
-
Korean credit cooperatives picks seasoned insurance asset manager as CIO
MG Korean Federation of Community Credit Cooperatives, which manages $50 billion of assets, named Sang-hun Kim, a former managing director and head of...
Mar 28, 2018 (Gmt+09:00)
-
Deutsche Bank resells $60 mn Transtelco debt to Korean credit cooperative
Deutsche Bank has resold $60 million in senior secured debt of Transtelco Inc., a fiber optic services provider in the US and Mexico, to MG Korean Fed...
Oct 23, 2017 (Gmt+09:00)
-
[RFP] POBA seeks private credit SMA managers for $200 mn
The Public Officials Benefit Association (POBA) will select two global private credit managers to invest around $200 million in mezzanine debt via sep...
Jun 27, 2017 (Gmt+09:00)
-
Meritz Securities drops $500 mn Walmart store acquisition plan after US rate hike
South Korea’s Meritz Securities Co. Ltd. has abandoned plans to acquire about 40 stores of Walmart Stores Inc. in southern states of the U.S. for $500...
Jan 04, 2017 (Gmt+09:00)
-
US rate hike talk alters Korean fund’s US property investment strategy
The Public Officials Benefit Association (POBA) has decided to withdraw $70 million from a U.S. real estate fund that makes bets on property price ris...
Sep 12, 2016 (Gmt+09:00)
-
US bank loans, asset-based credit whet appetite of Korean investors
South Korean institutional investors are gearing up to raise exposure to U.S. bank loans, collateralized loan obligation (CLO) and commercial mortgage...
Aug 18, 2016 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer